NEW YORK, June 5 (Reuters) – JPMorgan Chase & Co (JPM.N) CEO Jamie Dimon doesn’t intend to run for workplace, the corporate stated, after hypothesis in latest days about his potential political aspirations.
“As he has stated previously, Jamie has no plans to run for workplace,” the corporate stated in a press release. “He’s very blissful in his present position.”
The remark comes after billionaire hedge fund supervisor Invoice Ackman stated final week Dimon ought to run for president within the subsequent U.S. elections.
When requested by Bloomberg Information final week if he would ever take into account public workplace, Dimon stated: “I really like my nation, and possibly in the future I am going to serve my nation in a single capability or one other,” with out specifying a job.
Financial institution CEOs together with Dimon are generally floated as potential candidates for senior authorities positions similar to U.S. Treasury secretary or different financial coverage roles. Henry Paulson, former Goldman Sachs CEO, led the Treasury in the course of the monetary disaster.
Final month, Dimon, 67, stated he leads the most important U.S. financial institution with the identical depth as when he was youthful, however famous with fun that he plans to stay one other “3-1/2” years.
Dimon burdened the financial institution’s plans concerning his tenure have been unchanged, though didn’t give specifics, at a gathering of buyers in New York.
When requested at numerous factors throughout his 17-year tenure about succession plans, Dimon had beforehand given 5 years as a timeline for stepping down. He expressed confidence within the subsequent technology of administration and the board’s succession planning.
Reporting by Lananh Nguyen; Further reporting by Nupur Anand in New York; Modifying by Sharon Singleton
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